KBR Secures $117M U.S. Navy Contract to Support Global F/A-18 Fleet

Core Insights - KBR, Inc. has expanded its presence in the U.K. by securing a U.S. Navy contract for Foreign Military Sales support related to the F/A-18 and EA-18G Program Office, enhancing its role as a trusted partner to the U.S. Navy and allied nations [1][2]. Contract Details - The five-year contract is valued at up to $117 million and includes program management, engineering, financial, and logistics support for international operators of the F/A-18 fighter jet, specifically Australia, Finland, and Switzerland [2][3]. - KBR will provide acquisition and training assistance, lifecycle logistics expertise, and communications-security support to ensure the international fleets remain mission-ready [3]. Technical Expertise - KBR leverages over 40 years of experience with F/A-18 variants, offering capabilities in systems engineering, manufacturing-source resolution, cybersecurity, and advanced technology development, reinforcing its reliability as a long-term partner to the U.S. government [4]. Backlog and Growth - As of the end of Q3 fiscal 2025, KBR's backlog and options reached $23.35 billion, reflecting a 5.6% year-over-year increase from $22.11 billion and a 13.5% increase from $20.58 billion at the end of fiscal 2024, with a trailing 12-month book-to-bill ratio of 1.4x [6]. - The company secured significant contracts across Mission Technologies and Sustainable Technology Solutions, including a $2.5 billion base contract with NASA and various international projects [6]. Stock Performance - KBR's stock has declined 23% year-to-date, contrasting with the 15.4% growth of the Zacks Engineering - R and D Services industry, impacted by the U.S. government shutdown and slower funding activity in the U.K. defense market [7].